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Maldives President Says His Country Must Save Up for a New Homeland

Maldives faces climate change challenges; President Nasheed proposes a sovereign wealth fund to secure a future against rising seas.

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The newly elected president of the Maldives, the island chain south of India, says his country must start saving up money to buy a new homeland, in case global warming causes sea levels to rise so much that the waves submerge the archipelago entirely. Says Maldivian President Mohamed Nasheed:

"We can do nothing to stop climate change on our own and so we have to buy land elsewhere. It's an insurance policy for the worst possible outcome.... We do not want to leave the Maldives, but we also do not want to be climate refugees living in tents for decades," he said [The Guardian].

The Maldives are the lowest-lying nation on the planet: most of the islands are only a few feet above sea level, and the highest point, in the capital city of Malé, is about seven feet above sea level. But the

white sandy beaches are a major ...

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